Iran foreign minister Mohammad Javad Zarif arrived in New Delhi Tuesday, less than two weeks after the US ended the exemptions from sanctions granted to India to import oil from Iran.
Donald Trump’s decision not to issue waivers to the importers of Iranian oil gives Saudi Arabia the chance to absorb Iran’s market share without compromising the price.
To avoid sanctions, India will have to reduce oil imports from Iran & cancel a planned $6 billion purchase of S-400 anti-aircraft missiles from Russia.
Canada faces serious foreign interference issues, but these challenges must not be weaponized to unfairly target friendly and important allies like India.
In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.
Among 19 Indian firms sanctioned by US Treasury Dept was Lokesh Machines Ltd accused of coordinating with 'Russian defence procurement agent to import Italy-origin CNC machines'.
While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.
There is a real risk of war. India’s foreign policy has been all over the place. The next government will almost have to start from scratch.